16, CORNES CLOSE, WINCHESTER, SO22 5DS - £495,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 CORNES CLOSE is a very small terraced house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £540,760. It was last sold for £495,000 in September 2020, which was around 39% above the average September 2020 terraced price in the Winchester local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

16 CORNES CLOSE Sold Prices

Land registry data shows three sales for 16 CORNES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Winchester local authority area for the corresponding sale date. All of the three 16 CORNES CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 10 SEP	£495,000	£356,743	39% above HPI
2015 3 JUL	£467,500	£315,120	48% above HPI
1997 12 AUG	£119,950	£78,929	52% above HPI

16 CORNES CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Winchester local authority area over time, sourced from the HPI. The three 16 CORNES CLOSE sales between August 1997 and September 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2015 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the September 2020 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 16 CORNES CLOSE be worth now?

16 CORNES CLOSE might now be worth an estimated £540,760.

This is based on house price inflation of 9.2%, between September 2020 and April 2026, for terraced houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.2% inflationary increase is applied to the most recent sale price for 16 CORNES CLOSE of £495,000 on 10th September 2020. For the value to have increased from £495,000 to £540,760 over the six years and five months to April 2026, the following assumptions must hold true:

• The value of 16 CORNES CLOSE has moved in line with the HPI for terraced houses in the Winchester local authority area.
• The September 2020 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CORNES CLOSE has not materially changed since September 2020.

How Large is 16 CORNES CLOSE?

16 CORNES CLOSE is 91m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of terraced houses houses in Winchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Winchester, and where 16 CORNES CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 16 CORNES CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Winchester.

16 CORNES CLOSE: Plot and Title Map

16 CORNES CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 16 CORNES CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 CORNES CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 CORNES CLOSE?

16 CORNES CLOSE is located in WINCHESTER, in the SO22 postcode district. The below map shows the position of No. 16 on CORNES CLOSE.